CCF carries out raids on 17 fuel fraudsters
Officials from the General Directorate Of Consumer Protection, Competition and Fraud Repression (CCF) found 17 fuel businesses in four provinces conducting illegal business, while more than 1,000kg Of defective goods and over 500 litres Of counterfeit alcohol were confiscated and destroyed from October 18-20. ...
Long Kimmarita
https://www.phnompenhpost.com/national/ccf-carries-out-raids-17-fuel-fraudsters
National Consultation Workshop on “Policy And Direction Of Cambodia’s Financial Technology” to be held
The Digital Economy and Business Committee under the National Digital Economy and Society Council is in the process of formulating Cambodia’s Financial Technology Development Policy and will organise the National Consultation Workshop on “Policy and Direction of Cambodia’s Financial Technology” next week, on April 26-27. ...
Khmer Times Staff
https://www.khmertimeskh.com/501060292/national-consultation-workshop-on-policy-and-direction-of-cambodias-financial-technology-to-be-held/
Malaysia trade surges by over one-third in Jan-Apr
Bilateral trade between Cambodia and Malaysia was worth $205.2 million in the first four months of 2022, surging by over one-third from nearly $152.9 million from the corresponding period last year, according to Customs. ...
Hin Pisei
https://www.phnompenhpost.com/business/malaysia-trade-surges-over-one-third-jan-apr
Cambodian Foreign Minister rejects accusations concerning Ream naval base
Cambodian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Prak Sokhonn has dismissed the recent news spread by some media outlets concerning Ream Naval Base. ...
Khmer Times Staff
https://www.khmertimeskh.com/501090080/cambodian-foreign-minister-rejects-accusations-concerning-ream-naval-base/
Exports to Vietnam grow to $1.6B in first 7 months
Exports from Cambodia to Vietnam have recorded steady growth, rising 20.6 per cent year-on-year to $1.6 billion in the first seven months of 2023 from $1.3 billion, although trade balance dipped one per cent to $3.8 billion from the year prior. ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-vietnam-grow-16b-first-7-months
Vocational training for informal students increases
Some 10,499 students trained in various vocational skills last year, a rise of 2,229 people from the 8,270 informal students in 2021, the Ministry of Education, Youth and Sport said. ...
Torn Vibol
https://www.khmertimeskh.com/501358574/vocational-training-for-informal-students-increases/
Orphanage given two months to improve facilities and care
The Ministry of Social Affairs, Veterans and Youth Rehabilitation has given an orphanage cum hospice, two months to improve the facilities and care provided after finding serious flaws in the management, administration and care of children. ...
Torn Vibol
https://www.khmertimeskh.com/501359441/orphanage-given-two-months-to-improve-facilities-and-care/
UK Exports decline 15% Jan-July as orders drop
Bilateral trade between Cambodia and the UK in the first seven months of 2023 fell 14.6 per cent year-on-year to $496.3 million from $581.4 million, with nearly 90 per cent of the value consisting of exports from Cambodia, according to the General Department of Customs ...
Hin Pisei
https://www.phnompenhpost.com/business/uk-exports-decline-15-jan-july-orders-drop
Media literacy becoming important, say NGOs and ministries
Media literacy refers to the ability to think objectively about the information a person comes into contact with through general media and, increasingly, social media. It is a common goal of the government and civil society organisations to bring this knowledge to the Cambodian people, ...
Keo Bosaba
https://www.phnompenhpost.com/national/media-literacy-becoming-important-say-ngos-and-ministries
Cambodia’s goods exports to US rise nearly a quarter on-year to $8.2B
Cambodia and the US traded goods worth $8.510 billion in the first 11 months of 2022, marking gains of 21.79 per cent on-year, with Cambodian exports to the world’s largest economy accounting for a 96.56 per cent share, according to the General Department of Customs ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodias-goods-exports-us-rise-nearly-quarter-year-82b
Child sex abuse posts halved but still of concern
The number of posts involving child sexual assaults from Cambodia last year was discovered to be around 220,000, which is still a problem even if it is down more than 100,000 cases from 2021. ...
Hang Punreay
https://www.khmertimeskh.com/501320171/child-sex-abuse-posts-halved-but-still-of-concern/
$106m collected in unpaid vehicle tax
The General Department of Customs and Excise of Cambodia announced on Thursday that it has collected roughly $106 million from tax of vehicles between September 2021 and December 31, 2022. ...
Seng Mengheng
https://kiripost.com/stories/cambodia-106m-collected-in-unpaid-vehicle-tax
Exports to India up over 57% in ‘23
Cambodia garnered over $233 million in the first ten months of 2023 from exports to India, marking an increase of nearly 60% compared to the corresponding period in 2022. ...
Hin Pisei
https://www.phnompenhpost.com/business/exports-to-india-up-over-57-in-23
‘Fintech playing key role in financial inclusion efforts’
The fintech sector is playing a major role in the financial inclusion efforts pioneered by the National Bank of Cambodia (NBC), Governor Dr Chea Serey said while delivering the keynote address at the CamTech Summit 2023 yesterday at the Centre for Banking Studies. ...
Sreekanth Ravindran
https://www.khmertimeskh.com/501399932/fintech-playing-key-role-in-financial-inclusion-efforts/
Cambodia’s education and sports development regionally recognized
ASEAN has appreciated Cambodia’s rapid development in the education and sports sectors. ...
Khmer Times Staff
https://www.khmertimeskh.com/501445590/cambodias-education-and-sports-development-regionally-recognized/
Cambodia’s trade with Vietnam rises nearly 25%
Neighbouring Vietnam has consolidated its position as the second biggest trade partner of Cambodia after China with trade volume between the two rising by 24.5 percent to reach $2.32 billion in the first three months of this year (Q1, 2024), compared to the same period ...
Manoj Mathew
https://www.khmertimeskh.com/501474739/cambodias-trade-with-vietnam-rises-nearly-25/
Cambodia and France exchange two MoUs on trade and education
Dr. Hun Manet, Prime Minister of Cambodia, presided over the opening ceremony of the three-day France-Cambodia Business Forum, held at the Sofitel Phokeethra Phnom Penh this morning. ...
Khmer Times Staff
https://www.khmertimeskh.com/501519296/cambodia-and-france-exchange-two-mous-on-trade-and-education/
Kingdom emerges biggest supplier of raw cashew nuts to Vietnam
Cambodia has knocked off Ivory Coast to become Vietnam’s biggest supplier of raw cashew nuts. Earlier it was the African nation that held the position. The General Department of Customs of Vietnam made the announcement on Saturday. ...
Jigme PaldenPazo
https://www.khmertimeskh.com/501519482/kingdom-emerges-biggest-supplier-of-raw-cashew-nuts-to-vietnam/
Labor Ministry ignored its own research on minimum wage
The Labor Ministry on Tuesday defended its failure to act on the results of its own study, which in November found that the minimum livable wage for garment factory workers is between $157 and $177. In its annual report, the ministry listed its wage study, carried ...
Aun Pheap and Matt Blomberg
http://www.cambodiadaily.com/news/labor-ministry-ignored-its-own-research-on-minimum-wage-51977/
Chinese firm to build $500m steel plant in Preah Vihear
China’s Guangxi Nonferrous Metal Group announced on Friday that it is planning to invest $500 million to build a steel plant and industrial zone in Preah Vihear province’s Rovieng district, according to Chinese media reports ...